Exports are:

A. Positively related to domestic income and currency depreciation

B. Positively related to income in the rest of the world and currency depreciation

C. Positively related to income in the rest of the world and currency appreciation

D. Positively related to domestic income and currency appreciation

answer

watching

700

views

For unlimited access to Homework Help, a Homework+ subscription is required.

You have 0 free answers left.
Get unlimited access to 3.8 million step-by-step answers.

Get unlimited access

Already have an account? Log in

Nelly StrackeLv2

31 Mar 2019

Unlock all answers

Get 1 free homework help answer.

Already have an account? Log in

Related questions

Using the IS/LM/BP model and assuming perfect capital mobility, explain:

a. how a decrease in foreign income affects the domestic output.

b. how an appreciation of the domestic currency affects the domestic output.

cyanfox907

In a currency crisis, investors demand for the currency falls and demand shifts ___. This results in a ____ of the currency. In response the country can defend the exchange rate by ____ supply of the local currency.

A. left, appreciation, increasing

B. left, depreciation, decreasing

C. right, appreciation increasing

D. right, depreciation decreasing

Domestic currency appreciation will

A. Hurt domestic firms that export and help domestic firms that import

B. Hurt domestic firms that import

C. Help domestic firms that export

D. Help domestic firms that export and hurt domestic firms that import

Weekly leaderboard

Home

Homework Help 3,900,000

Economics 400,000

Unlock all answers

Related textbook solutions

Principles of Economics

Principles of Macroeconomics

Principles of Microeconomics

Related questions

Related Documents

ECO365H1 Lecture Notes - Fax, Currency Substitution

ECO209Y1 Lecture Notes - Lecture 9: Exchange Rate, Capital Outflow, Fiscal Policy

ECO105Y1 Chapter Notes - Chapter 10: Canadian Dollar, Interest Rate Parity, Demand Shock

Weekly leaderboard